Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensation Arrangements of Certain Officers
and Other Events.
On November 30, 2012, Dunkin' Brands Group, Inc. (the "Company") and Nigel
Travis, Chief Executive Officer, entered into an amendment (the "Amendment") to
his First Amended and Restated Executive Employment Agreement with the Company
dated May 3, 2011 (the "Agreement").
The Amendment modifies the method for calculating Mr. Travis' annual payout
under the Company's Short Term Incentive Plan (the "Plan") in circumstances
where the Company exceeds its global EBITDA target under the Plan. Pursuant to
the Amendment, under such circumstances Mr. Travis will now be entitled to
receive a bonus under the Plan that is calculated in a manner consistent with
how the bonus under the Plan is calculated for the majority of other senior
executives of the Company.
A copy of the Amendment is filed herewith as Exhibit 10.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
10.1 Amendment #1 to First Amended Restated Executive Employment Agreement
between Dunkin' Brands, Inc., Dunkin' Brands Group, Inc. and Nigel
Travis
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